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20121027
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katrina and 9/11. this is actually a company that charles has talked about before. take a look at how the dollar is faring today. ♪ from local communities to local businesses. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. >> 22 minutes past the hour. i am jamie colby with your fox news minute. some subways are rolling again. none of them are going into lower manhattan which is still without power. long lines to get a shuttle bus into the city. they carry more than 5 million people a day. the commuter railroads are providing service. in the meantime, all fares are waived through midnight tomorrow night. all three new york airports are back in service. even on a limited basis. laguardia was the last to come back online due to flooding. everyone should confirm flights before heading to the airport. president obama and mitt romney are back on the campaign trail. after three days focusing on the federal response to the storm, the president w
, there is debris everywhere but there isn't just devastation. this is an katrina that watch everything away. these buildings still exist. there is a heck of a clean up here to do but this can come back. a little worse down the beach in seaside heights and atlantic city but it will come back but look. look at this debris. junk everywhere. this is going to take a while. this is the roof of the tiki bar which is 300 yards up the beach. this was the roof of it and that is deposited here. i leave you with this shot at the atlantic ocean. it occurred to me today that as i look out there it is almost like nothing happened. the ocean is saying i was upset but i am calm now. i may not stay calm forever but you are good for while. connell: that pictures of beautiful and to come back to the isolation is jarring. what stood out to you today? today is the first day you had a chance to walk around the. >> exactly. the first sunny day. the first real nice day. you hit it exactly right. the contrast in the devastation and the beauty. this is typically what we see after hurricane. took a couple extra days b
is the main cause of damage and the top cause of damage in hurricane katrina, isaac, irene and it has been the top cause of damage since 1980. that is the first time mine -- munich re, the insurance company, started to look at hurricane related events. look at storm surge. i will see where the deep parts of the flooding will be felt along the eastern seaboard. look at this possible surges surpassing six feet. you will see how much it goes inland. because these are sigh loan force winds. we also have a full moon, high tide will be hitting tonight at around 8:00 p.m. eastern time. melissa: wow. >> that is expected to add two to three inches to the storm's surge. so that's the problem here. so when you add texas, add oklahoma and new mexico and arizona into the circumference of it, the total circumference but the problem is insurance policies tend not to cover flooding. you have to buy a separate insurance policy to cover flooding. that is the thing homeowners and businesses need to owe. melissa: i thought it was separate issue flooding from a hurricane or just looding? >> that is important
to hurricane katrina. when that happened late august of 2005, both of these stocks were on the move up. both of them actually traded right near their all time high and in the last few years they tumbled. lowe's went to, and home depot ultimately with 21 with the cash of the market. and people who bought katrina, and long-term investment got waxed pretty good. fast forward, lowe's last time missed the street by a nickel and home depot beat by 4 cents and concensus estimates, and went up home depot, there's a downgrade recently on home depoe and two upgreats on lowe's. to me, i can lie home depot, i think they have better operators and storms and when the storm path went and i just happen to think it's a better operation, better historical execution, so i would be willing to pay extra for it, for both of the stocks. cheryl: and-- >> $30 for lowe's, 58 for home depot and break out 63 for home depot i think it takes off or break out at 33 for lowe's, that could be a takeoff point. cheryl: another positive, unfortunately, coming out of this storm you're going to have new construction and you're g
very well. i discovered this stock after hurricane katrina. i'd never heard of it before and all of a sudden katrina came through, it went from augus august 2052 this yea 2005. they made an acquisition. the made an acquisition 1.2 $1.5 all cash acquisition. what i like about this, they do the hazard that have safety-kleen to recycle last year they took 400 million gallons of waste and turn it into reusable. they cleaned it up and were able to sell it. i think this is a perfect fit. this is not just a hurricane play, so we're going long-term. a trend that will be absolutely phenomenal. i don't know why the stock is down so much but i that it is at opportunity. cheryl: you have one more, i believe as well. >> g. nrc, so a lot of stuff out about it. after we talked in front of the stock traded more than 100% daily volume, the ceo has gone bonkers. this'll be huge for them to a lot of people have thought about getting a generator. people's minds will be made up in the next week or so. these are not the $900 generators. we have an order in for one of them just two weeks ago and i am n
with expertise, happened in katrina for the city of new orleans and chicago in 1992. they are at this moment in the air coming here to fly and they will be here tonight to help city planners advise him how to start first and get rid of the why. robert: back to you in the city of. melissa: you see the panel -- the tunnel completely filled with water. ashley: that is critical to the transportation story here. no one can get in or out of manhattan with transportation shutdown and the roads a mess. very difficult, unable to give any timetable but essentially more damage. let's go to new jersey talking of damage and assessing what sandy did. two million customers without power. jeff flock was in point pleasant beach in the teeth of the storm yesterday and today surveying the damage. jeff: had quite a ride. take a look. plenty of water. this street was like a river last night. is covered with water as well as stand. follow me this way, you will see there is sand all over the city streets in point pleasant beach. the other problem even though they cleared ocean drive up here, natural gas leaks, wat
Search Results 0 to 5 of about 6